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Boxalino AG

Swiss High-Tech Firms Announce Landmark Merger to Create - Global Software & Professional Services Enterprise

Zurich (ots)

Cognosense and Boxalino, two Swiss technology
companies, have today announced plans to merge their operations as
part of an agreement that will see the newly created corporation
become a leading global software and professional services provider.
The new corporation will retain the Boxalino name and will
continue to be headquartered in Zurich (Switzerland) and will have
subsidiaries in Beijing (China), and in Montreal (Canada).  Mr. Erick
Caron, CEO and Delegate of the Board for Cognosense will continue in
the same capacity with the newly merged Boxalino.
The merger will position Boxalino as an innovative provider of
advanced software development tools and technologies in the fields of
intelligent search, customer care, personalization and profiling. 
These technologies will create a new standard of reliable, integrated
self-learning services devoted to enhancing a corporation's customer
experience.  Boxalino will improve the profitability of both online
and brick-and-mortar industry verticals like call-centers, E-Commerce
portals and various other retail trade industries while exceeding
their customer expectations.
"We want to offer an enhanced return on investment to our customer
by improving both their e-business development processes and the user
experience on their applications. The newly merged company will
operate in an improved financial and technical environment to better
serve our customers, which will accelerate our growth on a worldwide
base. Our integrated worldwide presence will allow us to put in place
an aggressive global go-to-market strategy" says Erick Caron, CEO,
Delegate and Vice-Chairman of the Board of Directors.
New Boxalino executive team:
  • Dr. Christian Wenger has been nominated as the Chairman of the new company. Dr. Wenger was admitted to the bar in 1993 and is partner of the Swiss law firm Wenger & Vieli. Dr. Wenger is also Chairman of the CTI Invest, a member of the Executive Committees of the SECA (Swiss Venture Capital and Corporate Finance Association) and the EVCA (European Venture Capital Association)
  • Mr. Erick Caron, currently the CEO of Cognosense, will serve as CEO, Delegate and Vice-Chairman of the Board of Directors.
  • Mr. Michael Ammann, originally the founder of Boxalino, will take up the position of Chief Technology Officer.
  • Mr. Sylvain Paillard, who was one of the co-founders of Cognosense, will become Executive Vice-President.

Contact:

Erick Caron
Boxalino
Chief Executive Officer
E-Mail: corporate@boxalino.com
Tel.: +41/79/648'05'65

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